FAAR

Nuveen Flagship All-American Muni Bd Fd Cl R Shs(srs of Nuveen Muni Tr FAARX

Market Closed
6 Sep, 20:00
NASDAQ NASDAQ
$
10. 37
+0.01
+0.1%
$
0 Market Cap
- P/E Ratio
0.14% Div Yield
- Volume
- Eps
$ 10.36
Previous Close
Day Range
10.37 10.37
Year Range
9.5 10.4

FAARX Chart

Nuveen Flagship All-American Muni Bd Fd Cl R Shs(srs of Nuveen Muni Tr Profile

- Industry
- Sector
- CEO
NASDAQ Exchange
US67065Q8556 ISIN
United States Country
- Employees
- Last Dividend
- Last Split
- IPO Date

Overview

This company operates as an investment fund focusing specifically on municipal bonds. By prioritizing investments in municipal bonds that offer interest exempt from regular federal personal income tax, the fund aims to provide its investors with tax-efficient income. It commits a significant portion of its assets, at least 80%, to invest in municipal bonds that are classified as investment grade, signifying a lower risk of default. These bonds must have a rating of BBB/Baa or higher, ensuring a level of security and reliability in the investments. The strategy includes the possibility of investing up to 20% of its net assets in below investment grade municipal bonds, also known as "high yield" or "junk" bonds, which offer higher returns at a higher risk level. This approach allows for a diversified portfolio that balances risk and reward, catering to investors who seek reliable, tax-advantaged income while remaining open to more speculative investments for potentially greater returns.

Products and Services

  • Investment Grade Municipal Bonds

    The core of the fund's investment strategy lies in its commitment to allocating at least 80% of its assets in investment grade municipal bonds. These bonds, with ratings of BBB/Baa or higher, are considered lower risk. This focus on investment grade bonds is designed to ensure a stable, reliable income stream for investors, taking advantage of their tax-exempt status to provide a more efficient income return.

  • High Yield Municipal Bonds

    As part of its diversified investment approach, the fund may allocate up to 20% of its net assets in below investment grade, or "high yield," municipal bonds. These bonds, often referred to as "junk" bonds, carry a higher risk due to their lower credit ratings but offer the potential for higher yields. This segment of the fund's portfolio aims to boost overall returns, leveraging the higher income potential of these riskier assets.

Contact Information

Address: Chicago, IL 60606
Phone: -
Website: -